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FRSGlobal Enters 21st Year Trading -- After Another Successful 12 Months' Business

BRUSSELS, BELGIUM--(Marketwire - January 28, 2010) - FRSGlobal, the only provider of risk and
regulatory reporting solutions with coverage for 40+ countries on a unified
platform, today announced that it signed 36 contracts in Q4 2009, bringing
the total number of deals won last year to 94.

Over the last 12 months, FRSGlobal, who this year celebrates its 21st year
of trading, also achieved:

-- Year-on-year revenue growth for the 21st successive year
-- Strong EBITDA in 2009: the best in the company's history
-- Number of employees up across the company's global operations

As a result FRSGlobal saw an increase in customer implementations -- and
significant 2009 wins included:

-- ANZ selecting FRSGlobal's regulatory reporting tool, RegPro, to be
implemented in 12 countries across Asia Pacific and Japan (APJ);
-- Barclays Capital continuing to roll out FRSGlobal regulatory
reporting across APJ;
-- Government Savings Bank in Thailand selecting RiskPro for ALM;
-- Eight UK firms, including CIBC and SMBC, signing up for FRSGlobal
liquidity risk, stress-testing and reporting solution to comply with the
FSA liquidity regime;
-- EFG International choosing RegPro for regulatory reporting in its
branches in France, Spain, Luxembourg, Monaco, Hong Kong and Singapore;
-- SNS Reaal selecting the Solvency II solution;
-- Gruppo Bancario Credito Valtellinese (Creval) choosing RiskPro for
ALM and Credit Risk;
-- Over 15 financial institutions in France selecting RegPro for the new
Système Unifié de Reporting Financier (SURFI) regulatory requirements;
-- American Express selecting FRSGlobal for regulatory reporting for the
United States and Canada;
-- Raymond James Financial selecting FRSGlobal's regulatory platform to
provide reports to all of the major U.S. banking regulators.

Serge Minne, CFO and COO of FRSGlobal, said: "We are extremely pleased with
our financial performance over the last 12 months, especially considering
the environment in which we were operating. At FRSGlobal, a substantial
percentage of the revenue is subscription based, which is important in
providing a strong foundation for future revenue growth and EBITDA. As a
result, the company will continue to invest in this extremely exciting and
fast growing market."

-- Multi-country regulatory reporting coverage increased from 30 to 40+
countries, including China and Russia, with Japan nearing completion;
-- TNG "a new technology for regulatory management": the convergence of its
enterprise-wide risk solution (RiskPro) and global regulatory reporting
(RegPro) on to a single platform -- the only unified risk and regulatory
offering in the market;
-- ReportBuilder TNG: a new web-based version of FRSGlobal's reporting
solution for non-technical business users to build fully integrated,
consolidated risk and regulatory reporting applications;
-- New application modules such as the liquidity risk solution that was
launched in UK in May having been developed in conjunction with a peer
group of financial institutions to ensure all business needs met. This is
expected to expand for regional coverage in the upcoming year as more
regulators adopt the liquidity regimes.

Steve Husk, CEO of FRSGlobal, added: "Strategic investment decisions in new
technologies, applications and acquisitions that have got us to where we
are today will continue to secure our success. A good example was our
decision in 2008 to pioneer a unified risk and regulatory reporting
solution built on a single data repository for both external (regulatory)
and internal (management information) reporting. This brought together
current R&D projects with the acquisition of Iris, a leading vendor of risk
solutions based in Switzerland. Building on this initiative in 2010 we have
been able to quickly and efficiently bring to market our UK liquidity risk
reporting solution which we believe is a unique and unbeatable
proposition."

FRSGlobal also claimed a list of industry accolades over 2009 including:

-- Financial-i award for most innovative regulatory reporting solution for
third consecutive year;
-- Joint first for 'Completeness of Offering in the ALM and Liquidity
Marketplace' in Chartis ALM and Liquidity Risk report;
-- One of 11 new technology providers that joined the FinTech 100 list in
2009;
-- Shortlisted for 'Compliance Project of the Year' for the Sumitomo Mitsui
Banking Corporation (SMBC) project at the FST awards (winners to be
announced in 2010);
-- Shortlisted for FSOkx Excellence Award 2009 for Excellence in Risk
Management and Compliance Systems.

Steve Husk continued: "The whole financial industry is facing a new stage
of evolution from statistical to prudential reporting and we are in prime
position to provide the invaluable business intelligence needed to address
it."